Word From Central Bank Due Next Week

Monday

U.S.

Markets closed for Martin Luther King Day

Canada

Economic lookahead

CREA Stats (MLS) (Dec.) The Canadian Real Estate Association said National home sales rose 3.9% from October to November. Actual (not seasonally adjusted) activity was up 2.6% from November 2016. The number of newly listed homes climbed 3.5% from October to November.

Monthly Survey of Manufacturing (Nov.) Manufacturing sales declined 0.4% to $53.5 billion in October, following two consecutive monthly increases. Sales of motor vehicles and other transportation equipment accounted for most of the decline in October

International Transactions in Securities (Nov.) Foreign investment in Canadian securities totaled $20.8 billion in October, led by record acquisitions of Canadian bonds. At the same time, Canadian investors increased their holdings of foreign securities by $16.5 billion, mainly purchases of U.S. shares.